LNG Problems and the Road Ahead

EDITORIAL: It has become painfully clear that no matter how much the government and the opposition try to present their respective sides of the story about all the problems with the Liquefied Natural Gas (LNG) sale-purchase mechanism, the debate only gets murkier and rendered much more difficult for people to decide whether they are being fleeced or facilitated. It is really quite remarkable that representatives of the ruling Pakistan Tehreek-e-Insaf (PTI) and its predecessor in office Pakistani Muslim League-Nawaz (PML-N) can use the same datasets to back two very different…

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After inflicting billions of losses: Petroleum ministry attempts to set right its wrongs!

ISLAMABAD: After floating tenders very late for purchase of LNG [liquefied natural gas] for the winter season and inflicting billions of losses on the national economy, it seems the petroleum ministry has started making attempts to set right its wrongs, committed in the near past. According to Geo News programme ‘Aaj Shahzeb Khanzada Ke Sath’ on Friday, the ministry published an advertisement in the newspapers on December 31, inviting bids for supply of LNG for the month of April 2021. Earlier, Special Assistant to Prime Minister (SAPM) on Petroleum Nadeem…

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Oil, gas companies’ Welfare Funds audit to be carried out

Audit of the Welfare Funds of all the oil and gas companies working in Tehsil Jand and Pindigheb of Attock district will be carried out at appropriate level to know the actual position and this audit report will be made public. Special Assistant to Prime Minister on Climate Change Malik Amin Aslam said this while exclusively talking to this scribe.He said that more than twelve oil and gas companies had been working in Attock since decades but did nothing for the uplift of area which was a question mark and…

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PLL offers to allocate unutilised capacity of LNG terminal for six months

ISLAMABAD: Pakistan LNG Limited (PLL) has floated a tender and sought bids to allocate idle capacity of LNG terminal to the private sector for a period of six months from February to July this year.The PLL through an advertisement has sought applications from the interested parties to utilise idle capacity of LNG terminal for the six-month period. The deadline fixed for the submission of applications is January 18.As per details, the PLL will have an unutilised capacity of 235 million cubic feet per day (MMCFD) in February, 136 MMCFD in March…

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Net-metering installations reach cumulative capacity of 148MW, study reveals

ISLAMABAD: A study conducted and published by Institute of Policy Studies (IPS) titled ‘Barriers and Drivers of Solar Prosumage: A Case-Study of Pakistan’ states that as of November 2020, net-metering installations in Pakistan have reached a cumulative capacity of 148MW, which contrasts very poorly in comparison with other peer regional countries such as India where distributed generation has exceeded 5GW of installed capacity. The study further observes that strong geographic uneven growth exists across the DISCOs in terms of distributed generation uptake where around 70 percent of growth is concentrated…

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